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Mortgage Rates Remain Low & Stable While Portland Metro Home Prices Begin To Stabilize

In Home buying, Market Statistics, Portland Market Update, Portland Oregon Real Estate, Portland Real Estate, Portland Real Estate News by Juli

Mortgage Rates Remain Low and Stable The Fed left policy rates unchanged the June 2017 FOMC meeting. They did say though that they will begin reducing their balance sheet ‘relatively soon.’ Wall Street’s reaction to the Fed’s statement was also positive for mortgage rates. Speculation is the Fed will take gradual action when tightening economic policy, but this may not …

This Week in Real Estate 1/3/16

In Portland Market Update by Juli

Happy New Year! This Week in Real Estate brought a close to a memorable year. Below are a few of the highlights from the final week of 2015 that influence our business:   Consumers Have Confidence in 2016. The Conference Board Consumer Confidence Index, which had decreased moderately in November, improved in December. The Index now stands at 96.5, up from 92.6 in November. The …